________ is a clause in an international contract that designates which nation's laws will be applied in deciding a dispute arising out of the contract.

Question

Quizplus · Accepted Answer

A choice of law clause is a provision in a contract that specifies which laws will be used to interpret and enforce the contract in the event of a dispute between the parties. This clause is important in international contracts where different countries have different laws that may be applicable to the contract. By specifying the choice of law, the parties can avoid uncertainty and potential conflicts in interpretation of the contract.

________ Is a Clause in an International Contract That Designates